June 14, 2024

NRG Energy

PJM Monitor and Consumers Protest Indian River Compensation Settlement
The Maryland Office of Peoples Counsel and PJM's IMM urge FERC to reject a compensation plan for NRG keeping a portion of its Indian River coal plant open under a reliability contract.
Federalist Society
Federalist Society Examines the Changing Politics of Power Markets

Economic deregulation started out as a Republican policy, but GOP appointees to FERC have been questioning how it has been applied to the electric industry, a trend that was explored Jan. 5 at the 25th Annual Federalist Society Faculty Conference in D.C.

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NRG’s Gutierrez Steps down as CEO, Director
Mauricio Gutierrez has stepped down as NRG Energy’s CEO, an apparent victim of a push by activist investor Elliott Investment Management to reshape the organization’s leadership.
NRG Energy
Carbon-capture Plant Coming Back into Service
The Petra Nova carbon-capture facility’s owner has told ERCOT that it plans to bring the plant out of mothballs and into year-round service in June.
Con Edison
Con Ed Completes 300-MW Line for Cleaner NYC Grid
Consolidated Edison said it has energized the first piece of its Reliable Clean City initiative.
Texas PUC Appeals Court’s Decision on Uri Transactions
The Texas PUC has asked the state’s Texas Supreme Court to overturn a recent appeals court ruling that could unwind market transactions during Winter Storm Uri.
Overheard at NE Electricity Restructuring Roundtable: March 2023
A panel of experts made the argument for smarter rate design on Friday at Raab Associates’ New England Electricity Restructuring Roundtable.
Ben Schumin, CC BY-SA-2.0, via Wikimedia
NRG to Demolish Astoria Plant, Sell Site to OSW Firm
Rebuffed on its repowering plans, NRG Energy will demolish its 558-MW Astoria peaker plant in New York City and sell the site to an offshore wind developer.
White Construction Co.
Judge Approves Brazos Chapter 11 Exit Plan
A U.S. bankruptcy judge has conditionally approved Brazos Electric’s proposed exit from bankruptcy and settlement with ERCOT over winter storm charges.
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Battle Lines Drawn on FERC Tx Planning NOPR
Commenters disagreed over FERC’s proposed transmission planning rules, sparring over its 20-year planning horizon and reinstatement of the federal ROFR.

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